The EIA reported ethanol production for the week ending October 23rd at an average of 941,000 barrels per day. The weekly output is the highest since the week ending September 4th, which was also 941,000 barrels and 2.4 percent over the prior eight-week average. The increased production has done little to quell the price rally in the distiller’s corn oil market. Trading has been consistently higher this week, and buyers are finding sales below 31.5 – 32 FOB harder to come by. DCO production is estimated at 8.93 million pounds per day, down 5.5 percent from the same week last year and down 7.7 percent from the prior three-year average. Significant demand for low-CI…
11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...